| | July 20168CIOReviewCopyright © 2016 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewJULY 19, 2016Managing EditorJeevan GeorgeEditorial StaffAaron Pierce Alex D' Souza Derek JamesFrank NoelSarah FernandesJoe PhilipMathew JacobVineet NairT:510.565.7559 VisualizersStephen ThomasArpita GhoshBIG DATA SPECIALCIOReviewSalesGeorge Thomas george@cioreview.com Mary Elizabeth mary@cioreview.com Daniel Craig daniel@cioreview.com Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 JULY 19, 2016, Volume 05 SE 57 Published by ValleyMedia, Inc. To subscribe to CIOReviewVisit www.cioreview.com Digital data is growing at an exponential rate today--almost doubling every two years--changing the way we live, work and communicate. There is a predicament that comes along with this data growth: it will soon outpace the ability of enterprises to analyze it. Here, success will depend on how enterprises can change these massive streams of data from a "liability" into strength. Organizations are already preparing to tackle this reality. Many are advocating the principle of smart data--the data that comes with a context. Going beyond the quandaries of big data, smart data will bring in multiple advantages, from faster 'time-to-insight' on data, to 'always actionable' information. According to IDC, by 2020, the amount of high-value data worth analyzing will double and 60 percent of information delivered to decision makers will be actionable. However, reaching this true potential requires more than just the tools, but, a complete change in the mindset--A collective effort towards eliminating the unwanted data and making the remaining part "smart."Today, almost every enterprise has a big data strategy in place. But most of these strategies are related to the collection and management of data. The major part--analysis--is often not leveraged to its full potential. Studies suggest this as a major reason why many organizations fail to achieve their objectives with big data endeavors. Smart data will change this. Smart data platforms that integrate intelligent algorithms, predictive analytics, machine learning and artificial intelligence components will be able to intelligently segment the data and determine what to be collected and what to be discarded. These platforms support rapid integration of semi-structured or unstructured data, enabling organizations to expedite analytics and derive value from all of their data. It will also bring in the much needed access control aligned with data governance principles, providing the order and security for data processing in the long run.As businesses are getting ready to embrace the power of smart data, our aim with this special edition is to help enterprises prepare for the future. This edition blends thought leadership from industry experts with a listing of most promising companies that provides innovative solutions, which goes beyond just data management. We hope this edition will be a valuable asset in your big data endeavors.Let us know your thoughts.Jeevan GeorgeManaging Editoreditor@cioreview.comEditorialA Smart Future in the Making
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